Silver prices climbed by Rs 394 to reach Rs 1,00,930 per kilogram on Tuesday, as traders boosted their positions.

On the Multi Commodity Exchange (MCX), silver contracts for May delivery gained Rs 394 or 0.39%, trading at Rs 1,00,930 per kg with a business turnover of 23,106 lots. Analysts attributed the rise in silver prices to the fresh positions built by participants.